Patent deals help Xiaomi expand
By Bloomberg | China Daily | Updated: 2016-06-02 07:48
Agreement will aid firm enter new markets such as Europe and the United States
Xiaomi Corp has bought nearly 1,500 technology patents from Microsoft Corp in a deal that may smoothen potential legal tangles over intellectual property as it pushes beyond China.
The patents cover wireless communications, video, cloud and multimedia technologies, spokeswoman Kaylene Hong said, without specifying the terms.
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